SMIC's Zhao Haijun: Average Wafer Price Rose 1.8% QoQ in Q3
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Author:小编   

On November 13, SMIC Co-CEO Zhao Haijun said at the company's Q3 earnings conference that overall sales revenue for the quarter reached $3.19 billion, up 6.1% quarter-on-quarter and setting a new record. Customer demand for AI-enabling chips—including BCD, specialty memory, and controllers—grew faster than expected, driving revenue above the upper end of the company's guidance. On pricing, negotiated price increases with customers were rolled out in phases, the product mix continued to improve, and the average wafer unit price climbed 1.8% quarter-on-quarter.